EverSource Wealth Advisors LLC Sells 1,068 Shares of ASML Holding N.V. $ASML

EverSource Wealth Advisors LLC decreased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 6.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 14,992 shares of the semiconductor company’s stock after selling 1,068 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in ASML were worth $16,039,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Telos Capital Management Inc. lifted its position in ASML by 4.5% in the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after acquiring an additional 463 shares in the last quarter. Regents of The University of California bought a new position in ASML in the 3rd quarter valued at about $413,335,000. Dimensional Fund Advisors LP lifted its position in ASML by 4.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after acquiring an additional 38,660 shares in the last quarter. Transcendent Capital Group LLC bought a new position in ASML in the 3rd quarter valued at about $680,000. Finally, Principal Financial Group Inc. lifted its position in ASML by 34.5% in the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after acquiring an additional 4,001 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 2.6%

NASDAQ:ASML opened at $1,632.90 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $642.19 billion, a PE ratio of 58.57, a price-to-earnings-growth ratio of 1.31 and a beta of 1.81. The firm’s 50 day moving average is $1,433.13 and its 200 day moving average is $1,297.67. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,653.53.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The company had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Sell-side analysts expect that ASML Holding N.V. will post 37.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ASML. TD Cowen reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Berenberg Bank reissued a “buy” rating on shares of ASML in a research report on Friday, May 8th. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Susquehanna reissued a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Finally, Citigroup reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,504.38.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.